Chapter 7

Even the most well-managed companies can face disastrous financial problems. If this has happened to your business, you may be thinking about filing for company bankruptcy. Although a bankruptcy can ...

The United States Bankruptcy Code provides for six distinct chapters of bankruptcy: Chapters 7, 9, 11, 12, 13 and 15. The two chapters that deal with an individual filing bankruptcy are Chapter 13, ...

Starting a business is never easy, but if you're attempting to get a new business off the ground after filing a Chapter 7 bankruptcy, it can be even more difficult. Typically, you must have capital ...

When a business cannot meet its financial obligations, it is said to be insolvent, and drastic measures may be necessary. Receivership is an alternative to filing for bankruptcy that may be a better ...